NOT LISTED FOR SALE

1554 Talmadge St Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $846,258

2 Beds
2 Baths
1,570 Sq Ft
$539/Sq Ft Est. Value

Sale Details

Date Sold: July 7, 2022

Last sale price $795,000 $506 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,658 / mo

45 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Fenced
  • Franklin Avenue Elementary Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of July 2022

1554 & 1556 Talmadge Street is a unique investment opportunity with two identical units on a lot! Each unit measures 696 square feet with one bedroom, one bathroom, conventional floor plan and an inviting covered porch for relaxing and enjoying the front yard views. A two car enclosed garage with 312 square foot studio above is offered on this 4,430 square foot lot. Conveniently located to Sunset Boulevard and Hillhurst Avenue restaurants and shops. Both units are tenant-occupied and not to be disturbed.

Last Agent to Sell the Property

Janice McGlashan

Coldwell Banker Realty License #01041976 Listed on: 05/22/2022

Coldwell Banker Realty

Last Buyer's Agent

Sonya Coke

Sotheby's International Realty License #01277084

Sotheby's International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1933

Lot Details

  • 4,430 Sq Ft Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,570 Sq Ft Home
  • Living Room
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 001
  • Tax Tract Number 1953
  • Assessor Parcel Number 5430020001

Community Details

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $3,924
  • Other Expense $426
  • Water Sewer Expense $822
  • Operating Expense $8,595
  • Gross Income $250,044
  • Net Operating Income $16,449

Property Details

Home Type

Multi-Family

Year Built

Built in 1933

Lot Details

4,430 Sq Ft Lot

Parking

2

Listing Details

  • Standard Status: Closed
  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 822.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 5430020001
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 570.06
  • Room Type: Living Room, Kitchen, Laundry

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 4430.00
  • Lot Size Acres: 0.1017

Multi Family

  • Gross Income: 250044.00
  • Gross Scheduled Income: 25044.00
  • Insurance Expense: 3924.00
  • Lot Size Area: 4430.0000 Square Feet
  • Net Operating Income: 16449.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 8595.00
  • Other Expense: 426.00
  • Other Expense Description: City LA license/2021 pd$40,467 city req repairs
  • Rent Control: Yes
  • Total Expenses: 8595.00

Tax Info

  • Tax Lot: 001
  • Tax Tract Number: 1953.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Jun 9, 2022
Sold by
Vance And Marjorie Nelson Family Trust and Nelson Anita Y
Bought by
Seller's Agent
Janice McGlashan
Coldwell Banker Realty
Buyer's Agent
Sonya Coke
Sotheby's International Realty
List Price
$895,000
Sold Price
$795,000
Premium/Discount to List
-$100,000
-11.17%
Current Estimated Value
$846,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,258
Avg. Annual Appreciation
1.49%
Original Mortgage
$596,250
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 1997
Sold by
Nelson Vance A and Nelson Marjorie
Bought by
Nelson Vance A and Nelson Marjorie Y
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Los Feliz, CA

  • Jeff Kohl Real Estate Agent - The Agency

    Jeff Kohl

    The Agency

    (424) 842-7907

    18 Total Sales

    1 in Los Feliz

    $3,865,000 Price

    Jeff Kohl
     Section Image
  • Jeeb O'Reilly Real Estate Agent - The Agency

    Jeeb O'Reilly

    The Agency

    (888) 568-5439

    33 Total Sales

    1 in Los Feliz

    $1,350,000 Price

    Jeeb O'Reilly
     Section Image
  • Shannon Fenton Real Estate Agent - Compass

    Shannon Fenton

    Compass

    (424) 338-9165

    99 Total Sales

    1 in Los Feliz

    $1,940,000 Price

    Shannon Fenton
     Section Image
  • Colin Hoffmeister Real Estate Agent - eXp Realty of California Inc

    Colin Hoffmeister

    eXp Realty of California Inc

    (424) 414-2133

    16 Total Sales

    5 in Los Feliz

    $1.6M - $2.9M Price Range

    Colin Hoffmeister
     Section Image
  • Eitan Dagan Real Estate Agent - Equity Union

    Eitan Dagan

    Equity Union

    (424) 321-8056

    23 Total Sales

    2 in Los Feliz

    $1.5M - $1.6M Price Range

    Eitan Dagan
     Section Image
  • Alyse Livingston Real Estate Agent - Compass

    Alyse Livingston

    Compass

    (424) 246-2353

    26 Total Sales

    1 in Los Feliz

    $2,900,000 Price

    Alyse Livingston
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 Equity Title
Nelson Vance A -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $765,000
Closed Coke Sonya $596,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $795,000 -11.2% $506 / Sq Ft
05/22/2022 05/22/22 For Sale $895,000 -- $570 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $10,123 $843,660 $673,867 $169,793
2025 $10,123 $827,118 $660,654 $166,464
2024 $9,997 $810,900 $647,700 $163,200
2023 $9,804 $795,000 $635,000 $160,000
2022 $900 $54,685 $30,929 $23,756
2021 $881 $53,614 $30,323 $23,291
2020 $885 $53,066 $30,013 $23,053
2019 $859 $52,026 $29,425 $22,601
2018 $816 $51,007 $28,849 $22,158
2016 $763 $49,029 $27,730 $21,299
2015 $754 $48,294 $27,314 $20,980
2014 $778 $47,349 $26,779 $20,570
Source: Public Records

Agents Affiliated with this Home

  • Janice McGlashan Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2022

    Janice McGlashan

    Coldwell Banker Realty

    (818) 949-5230

    1 in this area

    71 Total Sales

    Janice McGlashan
    Section Image
  • Sonya Coke Real Estate Agent - Sotheby's International Realty

    Buyer's Agent in 2022

    Sonya Coke

    Sotheby's International Realty

    (323) 829-4440

    1 in this area

    48 Total Sales

    Sonya Coke
    Section Image
See All Agents

Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-9657

Pasadena-Foothills Association of REALTORS®

APN: 5430-020-001

California Los Angeles County Los Angeles 90027 Los Feliz

1554 Talmadge St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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